Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $4.42 Million Stock Position in Federal Realty Investment Trust $FRT

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Federal Realty Investment Trust (NYSE:FRT) by 3.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 46,501 shares of the real estate investment trust’s stock after buying an additional 1,405 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Federal Realty Investment Trust were worth $4,417,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FRT. Nuveen LLC acquired a new stake in shares of Federal Realty Investment Trust during the first quarter worth $52,017,000. Hsbc Holdings PLC increased its holdings in Federal Realty Investment Trust by 123.9% during the 1st quarter. Hsbc Holdings PLC now owns 746,159 shares of the real estate investment trust’s stock worth $72,634,000 after purchasing an additional 412,843 shares in the last quarter. Strs Ohio acquired a new stake in shares of Federal Realty Investment Trust in the 1st quarter valued at about $32,181,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Federal Realty Investment Trust by 207.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 401,428 shares of the real estate investment trust’s stock valued at $38,132,000 after purchasing an additional 270,835 shares in the last quarter. Finally, PGGM Investments lifted its holdings in shares of Federal Realty Investment Trust by 23.7% in the second quarter. PGGM Investments now owns 1,245,342 shares of the real estate investment trust’s stock valued at $118,295,000 after purchasing an additional 238,679 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Up 0.8%

Shares of Federal Realty Investment Trust stock opened at $96.75 on Wednesday. The stock has a market cap of $8.35 billion, a P/E ratio of 24.49, a P/E/G ratio of 3.78 and a beta of 1.14. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 1.42. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $118.09. The business’s 50 day moving average is $98.57 and its 200-day moving average is $96.64.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.01. The business had revenue of $321.97 million for the quarter, compared to the consensus estimate of $318.73 million. Federal Realty Investment Trust had a net margin of 28.01% and a return on equity of 11.19%. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.71 earnings per share. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Equities research analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio is presently 114.72%.

Wall Street Analyst Weigh In

FRT has been the topic of a number of recent research reports. Barclays reissued an “equal weight” rating and issued a $106.00 target price (down previously from $113.00) on shares of Federal Realty Investment Trust in a research report on Tuesday. JPMorgan Chase & Co. lifted their price objective on shares of Federal Realty Investment Trust from $108.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, August 27th. Evercore ISI cut their price objective on shares of Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating on the stock in a research report on Monday, November 3rd. Mizuho increased their target price on shares of Federal Realty Investment Trust from $96.00 to $100.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Finally, Wall Street Zen lowered shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $107.96.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.